W’Bank Commits $124m To Exploration Of Nigeria’s Industrial Minerals
W’Bank Commits $124m To Exploration Of Nigeria’s Industrial Minerals – The World Bank has concluded a deal with the Federal Government to invest $123.5 million in the exploration of industrial minerals in Nigeria.
The Consultant, Vitor Carrieia, disclosed this yesterday in Abuja while unveiling the Industrial Minerals Roadmap that the document has a five-year implementation period.
He stated that there was no need for Nigerians to import these minerals, adding that they would explore areas to use them as well as support the drive to project them in the country.
“We need geosciences data and legal framework to enable us work towards actualising the plan for Nigeria. This would make the government to diversify its economy,” Carrieia added.